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Aldi, 8 Franklin Street
Melbourne VIC 3000
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Sold on 3 Feb 2020

Aldi, 8 Franklin Street Melbourne VIC 3000

  • Shop & Retail
  • 1,650 m²
  • Sold

A PRIME CBD SUPERMARKET INVESTMENT WITH UPSIDE

  • SECURELY LEASED TO GLOBAL TENANT – ALDI
  • 10 YEAR LEASE WITH OPTIONS
  • MELBOURNE CBD'S FASTEST GROWING POCKET

Colliers International are proud to offer for sale Aldi, 8 Franklin Street, Melbourne.

A high exposure, CBD retail investment situated on the ground floor of the Verve and Milano twin-tower development, comprising 46 and 36 levels respectively corner Swanston Street and Franklin Street

Boasting 25m* of prime frontage along Franklin Street and an expansive floor area of 1,650m²*

Securely leased to global powerhouse, Aldi which has over 10,000* stores locations worldwide

Significant passing income with future rental upside

44 car parks on-title presenting a long-term future opportunity for an additional income stream

One of Australias most densely populated pockets, driven by the immediate synergies with RMIT University, The University of Melbourne, The Queen Victoria Market, Melbournes medical precinct and the Melbourne Metro Tunnel project

Super prime, northern corridor locality where the unparalleled growth is underpinned by countless student accommodation, hotel, residential and commercial high-rise developments

Direct access to public transport including the future CBD North Metro Station, Melbourne Central Station and tram routes along Elizabeth Street and Swanston Street

A once in a lifetime opportunity to purchase a CBD supermarket investment in Melbournes fastest growing precinct

* Approx

FOR SALE BY ON-SITE PUBLIC AUCTION ON FRIDAY 6TH DECEMBER 2019 AT 12.00PM

For further information or to arrange an inspection of the property please contact Colliers International as the exclusive selling agents.

Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Chris Ling +61 419 294 346
David Sia +61 430 111 223

Property Highlights

Date Sold3 Feb 2020
Floor Area1,650 m²
Land Area1,650 m²
Parking44 x Onsite parkings
Property ID2015742335
Category
Last updated  21 Jan 2020
Map for Aldi, 8 Franklin Street Melbourne VIC 3000

Property Highlights

Date Sold3 Feb 2020
Floor Area1,650 m²
Land Area1,650 m²
Parking44 x Onsite parkings
Property ID2015742335
Category
Last updated  21 Jan 2020

Listed by

Colliers International Melbourne
Call
03 96298888

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